## **THE RANDAL CREMER COTTAGES TRUST Registered Charity No 255151** ## Contents of the Financial Accounts for the year ended 31st October 2023 Page Trustees and General Information 1 Responsibilities of Trustees 2 Independent Examiners Report 3 Income and Expenditure Account 4 Balance Sheet 5 Notes to Accounts 6 ## **THE RANDAL CREMER COTTAGES TRUST** ## **Registered Charity No 255151** ## TRUSTEES AND GENERAL INFORMATION TRUSTEES Mr G Cantrill (Chairman and Managing Trustee) Cllr K Mandry Mr S Dugan Mrs M Bell CLERK TO THE TRUSTEES Miss A Campbell ## ADRESS OF PROPERTY MANAGED The Randal Cremer Cottages Stubbington, Fareham, Hants Charity No 255151 INDEPENDENT EXAMINER Mrs J Ridley 118 The Avenue Alverstoke PO12 2JY BANKERS Lloyds Bank PLC Fareham, Hants **THE RANDAL CREMER COTTAGES TRUST Registered Charity No 255151** ## RESPONSIBILITIES OF THE TRUSTEES ## The Charity is entitled to exemption from Audit under section 43(2) of the Charities Act 1993 The Trustees acknowledge their responsibilities for: - a. Ensuring that the Charity keeps Accounting Records which comply with the Charities Act 1993 and, - b. Prepare Financial Statements which give a true and fair view of affairs of the Charity at the end of the Financial Year and of its Income and Expenditure for the year. Approved by the Committee of Trustees on Saturday 18[th] November 2023 On behalf of the Committee of Trustees ………………………………………………………………………….. Mr G Cantrill The Chairman The Randal Cremer Cottages Trust ## **THE RANDAL CREMER COTTAGES TRUST** **Registered Charity No 255151** ## **THE RANDAL CREMER COTTAGES TRUST ANNUAL ACCOUNTS FOR THE PERIOD 1[ST] NOVEMBER 2022 TO 31[ST] OCTOBER 2023** ## Judith Ridley 118 The Avenue Alverstoke PO12 2JY I have examined the attached Accounts for the Randal Cremer Cottages Trust for the period 1[st] November 2022 to 31[st] October 2023 against the statements and documents provided by the Clerk and found them to be correct. **Date ………………………………………………** **Signed ……………………………………………………………………………** ## **Judith Ridley, Independent Examiner** **THE RANDAL CREMER COTTAGES TRUST Registered Charity No 255151** ## **INCOME & EXPENDITURE** |INCOME
Note
s
Refund SSE
Resident Contributions
1
Invesment Appreciation
2
EXPENSES
2022 Debtor Write of
Managing Trustee
6
Clerk to Trustees
3
Maintenance Agreement
4
Utiliies
General Repairs
5
Other Expenses
6
Investments
Resident Contributions
Refund
Surplus C/Fwd|**2023**
£
£
£0.00
£23,230.
00
£2,009.0
8
**£25,239**
**.08**
£79.50
£1,200.0
0
£2,600.0
0
£2,100.0
0
£2,551.7
8
£3,466.6
7
£1,867.3
7
£0.00
£115.00
**£13,980**
**.32**
**£11,258**
**.76**|**2022**
£
£
£177.93
£22,642.5
0
-
£429,732.
87
**-**
**£406,912**
**.44**
£1,845.95
£2,400.00
£0.00
£2,680.58
£25,548.2
0
£480.66
£0.00
£0.00
**£32,955.**
**39**
**-**
**£439,867**
**.83**|**2022**
£
£
£177.93
£22,642.5
0
-
£429,732.
87
**-**
**£406,912**
**.44**
£1,845.95
£2,400.00
£0.00
£2,680.58
£25,548.2
0
£480.66
£0.00
£0.00
**£32,955.**
**39**
**-**
**£439,867**
**.83**| |---|---|---|---| ||||**-**
**£406,912**
**.44**| ||||| ||**£11,258**
**.76**|**-**
**£439,867**
**.83**|| ## **THE RANDAL CREMER COTTAGES TRUST** ## **Registered Charity No 255151** ## **BALANCE SHEET** |FIXED ASSETS
Note
s
Property
Equipment
CURRENT ASSETS
Debtors
Treasurer's
Account
Investments
CURRENT LIABILITIES
Short Term
Creditors
ASSETS LESS
LIABILITIES
CAPITAL AND
RESERVES
Reserved B/Fwd
Surplus for year|**2023**
£
£
£286,000.
00
£157.00
**£286,15**
**7.00**
£0.00
£24,558.
46
£200,293
.21
**£224,85**
**1.67**
£511,008
.67
£499,749
.91
£11,258.
76|**2022**
£
£
£286,000.
00
£157.00
**£286,15**
**7.00**
£79.50
£15,229.2
8
£198,284.
13
**£213,592**
**.91**
£499,749.
91
£939,618.
18
-
£439,867.
83|**2022**
£
£
£286,000.
00
£157.00
**£286,15**
**7.00**
£79.50
£15,229.2
8
£198,284.
13
**£213,592**
**.91**
£499,749.
91
£939,618.
18
-
£439,867.
83| |---|---|---|---| ||||**£286,15**
**7.00**| ||||| ||**£224,85**
**1.67**|**£213,592**
**.91**|| ||£511,008
.67
£499,749
.91
£11,258.
76|£499,749.
91
£939,618.
18
-
£439,867.
83|| **----- Start of picture text -----**
£511,00 £499,750
8.67 .35
£511,00 £499,74
8.67 9.91
**----- End of picture text -----**
I approve the Accounts and confirm that I have made available all relevant records and information for their presentation. **----- Start of picture text -----**
………………………………………………………………
**----- End of picture text -----**
Alice Campbell, Clerk to the Trustees **THE RANDAL CREMER COTTAGES TRUST Registered Charity No 255151** **IMVESTMENT APPRECIATION** ## **THE RANDAL CREMER COTTAGES TRUST** ## **Registered Charity No 255151** ## **NOTES** ## **Note 1: Contributions Account** **No 1:** Mr Dell-Robertson – 52 Weeks @ £115.00 per week = £5,980.00 **No 2:** Mr Wearn – 7 Weeks @ £115.00 per week = £805.00 **No 2:** Mrs Cousins – 37 Weeks @ £115.00 per week = £4,255.00 **No2:** Mrs Cousins – Overpayment in error @ £230.00 = £230.00 **No 3:** Mrs Macauley – 52 Weeks @ £115.00 per week = £5,980.00 **No 4:** Mr Taylor – 52 Weeks @ £115.00 per week = £5,980.00 **= £23,230.00** ## **Note 2: Investments** Value of investment as of 31[st] October 2023. **= £200,523.21** ## **Note 3: Clerk to the Trustees Account** Honorarium 12 Months @ £200.00 Honorarium 1 Months @ £200.00 **= £2,600.00** ## **Note 4: Maintenance Agreement** Maintenance Agreement 7 Months @ £300.00 **= £2,100.00** ## **Note 5: Repairs and Maintenance** Kaznows – Decorating = £1,000.00 Simon Livett Repairs – Repairs and Maintenance = £2,364.67 GP Heating - Gas Service and Repairs = £102.00 **= £3,466.67** ## **Note 6: Managing Trustee** Honorarium 12 Months @ £100.00 = £1,200.00 **= £1,200.00** ## **Note 7: Other Expenses** Window repair deposit* = £444.00 Meetings* = £322.37 Resident Gifts* = £192.00 *All of these expenses were paid to the tradesmen personally and reimbursed to GC. Reimbursement for Auditor Gift = £40.00 Reimbursement of expenses for Flat 1 = £206.00 Reimbursement for Removal fees = £645.00 Quickbooks Software Trial = £18.00 £1,867.37 THE RANDAL CREMER COThAGES TRUST Registered Charlty No 255151 Contents ofthe Hnanclal Accounts for the ar ended 31st October 2023 Page Trustee5 and General Information Responslbllltles of Trustees Independent Examiners Report Income and Expendlture Account Balance Sheet Notes to Acu)unts THE RANDAL CREMER COThAGES TRUST Registered Charlty No 255151 Contents ofthe Hnanclal Accounts for the ar ended 31st October 2023 Page Trustee5 and General Information Responslbllltles of Trustees Independent Examiners Report Income and Expendlture Account Balance Sheet Notes to Acu)unts